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The current BetMGM welcome bonus offers up to $1500 in bonus bets if your first bet loses. All users need to do is deposit at least $10 and bet up to $1,500 for their first bet. If that bet loses, you'll get that same stake back in bonus bets. New Customers only. Bet £10* Get £30* in Free Bets. Sign up, deposit between £5* and £10* to your account and bet365 will give you three times that value in Free Bets when you place qualifying bets to the same value and they are settled. Free Bets are paid as Bet Credits. Min odds/bet and payment method exclusions apply. Returns exclude Bet Credits stake. TCs, time limits exclusions apply. Registration required. Bonus bets are much more common than free bets, as sportsbooks want you to risk your own money first rather than simply give you free money to play with. Check the terms and conditions to see what steps you need to complete to get the bonus.